Falken Industries Expands to Meet Growing Demand
2007年7月11日 - 12:32AM
PRニュース・ワイアー (英語)
PARIS, July 10 /PRNewswire-FirstCall/ -- Falken Industries Ltd.
(OTC: FLKI) today announced plans for expansion in order to meet
growing demand. With a recent influx of new accounts and increasing
reorders from loyal consumers, Falken Industries has obtained and
is equipping an additional 30,000 square feet of production
facilities, bringing dedicated plant facilities to 80,000 square
feet. "We are at an enviable point in a company's growth period,"
Helle Madsoe, Executive Vice President- Europe, "where demand is
growing faster than our current ability to supply. It was apparent
that we needed additional production space in order to
significantly increase output." Michael Hamilton, New Business
Development and Sales Officer added, "At its inception, Falken
Industries set out to be an international company with its products
present in worldwide markets. With each new Super Distribution
signing, coupled with continued new market penetration, we need to
focus on keeping our production levels high and our customers
satisfied." Falken Industries main brand, Clean Plus(R), started
out with a single line of industrial strength sanitizing
hand-wipes. The brand has since grown to incorporate a full
industrial line of cleaning products, three auto care lines
(Professional, High-End consumer, Hypermarket consumer), and a
Do-It-Yourself hand care line. With this additional square footage
and a significant increase in machinery, Falken Industries not only
plans to increase current product output, but aims to implement new
product development ideas for line expansion and sub-brands. "These
additions represent a seven figure investment, none of which will
be financed by debt," Audrone Plankiene, CFO. About Falken
Industries Ltd: Falken Industries Ltd. (OTC:FLKI), a New Jersey
corporation (USA), is a leading developer, manufacturer, and
marketer of innovative wet wipe products with 50,000 square feet
production facilities in France. Its core product group is the
leading Clean Plus(R) brand of high performance products -
http://www.cleanplus.com/. For further information on the company,
interested parties may also visit http://www.falkenltd.com/.
Disclosure: This press release includes statements that may
constitute "forward-looking" statements, usually containing the
words "believe", "estimate", "project", "expect" or similar
expressions. These statements are made, to the extent relevant,
pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Forward-looking statements
inherently involve risks and uncertainties that could cause actual
results to differ materially from the forward-looking statements.
Factors that would cause or contribute to such differences include,
but are not limited to, acceptance of the Company's current and
future products and services in the marketplace, the ability of the
Company to develop effective new products and receive regulatory
approvals of such products, competitive factors, dependence upon
third-party vendors, and other risks. By making these
forward-looking statements, the Company undertakes no obligation to
update these statements for revisions or changes after the date of
this release. DATASOURCE: Falken Industries Ltd. CONTACT: Contact:
Investor relations, Rishard Lebbe, Falken Industries Ltd., 146, rue
du Chateau, Paris 75014 FRANCE, Tel. +33-(0)1-45-42-19-16, Email:
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